Your input requested

[cpm9ball]

Six years ago, I got the crazy idea to put together some sets of the Westward Journey nickels. I made a deal with Jerry at JP's Corner on 9 dozen of the plastic display cases for the 13-coin Westward Journey series. Each case has a slot for the 2004 P&D "Peace Medal", 2004 P&D "Keelboat", 2005 P&D "Bison", 2005 P&D "Ocean in View" and the 2006 P&D "Return to Monticello". It also has three additional slots for the different obverses that were used for those years. I already had 20,000 2004-2006 BU nickels (more than enough) in bags & rolls that I purchased from the Mint, so I purchased 9 rolls, three of each year, of proof nickels to use to show the different obverses.

 

My dilemma is that I don't know how I should price them. I know, you can call me a procrastinator, and it's true! It has been 6 years since this program ended, and I still haven't decided how I should price them. (It's a good thing that I'm not a dealer because I would be out of business in no time!) So, I would like your input. I expect that I will get some lowball suggestions, all in good fun, but seriously, what do you think the average person would be willing to pay for these sets?

 

Thanks in advance!

 

Chris

[bsshog40]

I don't really see sets for these go as much as they did when they first came Chris. I'm thinking in a display case with all the PDS nickels that maybe $15 ea. That's JMO.

[HCumberdale]

What exactly do you mean by "average person?"

 

Maybe at a large show with a bunch of new collectors you might be able to unload this kind of thing, but I think you'll have a harder time with the average collector.

 

$15 seems about right to me. Even at that price you might have trouble getting rid of them quickly as I think most people who are interested in these coins raw already have them in their collections.

 

From time to time I have bought what I consider to be bulk common material at very low prices so I can quickly make a profit. I would begin to consider buying these at about $2 each (seriously) and I would try to sell the whole lot of them at $4 or $5 a piece.

 

You could always consider donating them to a young numismatist group in your area and writing it off on your taxes...come to think of it that is exactly what I'd do with them.

 

 

[Oldtrader3]

Somehow when I cleaned out my proofs and modern Dollar Capital Plastic sets of Ike Dollar, SBA's and Kennedy halfs and sold them to a local dealer, I ended up with a Westward Journey proof Nickel and Medal set. The dealer offered me only $7 for it and it caught me wrong. So, I still have this set, sitting in a drawer, gathering dust.

 

Chris, if you can sell these, good luck to you. I figured that I will just give mine to one of the Grandkids. Maybe you waited too long? I know that I did.

 

[nk1nk]

Chris,

 

Could you post a picture of one complete set in the case?

 

Nick

[e1cnr]

Does it look like this? Where do you expect to sell them - 100 on eBay at $15 will take forever.

 

[cpm9ball]

What exactly do you mean by "average person?"

 

By average person, I was referring to the parents and/or grandparents, not necessarily collectors, who might buy them as gifts for the kids.

 

Chris

[cpm9ball]

Somehow when I cleaned out my proofs and modern Dollar Capital Plastic sets of Ike Dollar, SBA's and Kennedy halfs and sold them to a local dealer, I ended up with a Westward Journey proof Nickel and Medal set. The dealer offered me only $7 for it and it caught me wrong. So, I still have this set, sitting in a drawer, gathering dust.

 

Chris, if you can sell these, good luck to you. I figured that I will just give mine to one of the Grandkids. Maybe you waited too long? I know that I did.

 

You've got that right, Charlie! I'll probably end up giving some of them away to new YN's.

 

Chris

[cpm9ball]

Does it look like this? Where do you expect to sell them - 100 on eBay at $15 will take forever.

 

 

Yes, it is the same holder, but like I said, I'll be using 3 proof coins for the different obverses.

 

I'm retired, so I've got nothing but time on my hands.

 

Chris

[bochiman]

That's a tough one, best of luck.

 

Are there any B&Ms in your area that you may be able to work with as consignments? They could get a box or two at a time, and put a couple out, and replace as sold. People expect to pay retail at the B&Ms, so that may work.

 

On ebay, you may be getting into that low value area where the PITA threshold becomes greater than the ROI factor

 

If I were buying some for my son and his friends (YNs), then I would probably only be willing to pay $5-$10. I hope I am abnormal in that aspect, on the low side, for your sake. They would largely be giveaways for me as well.

 

 

[cpm9ball]

That's a tough one, best of luck.

 

Are there any B&Ms in your area that you may be able to work with as consignments? They could get a box or two at a time, and put a couple out, and replace as sold. People expect to pay retail at the B&Ms, so that may work.

 

There are only two B&M's close by, and neither of them are deserving of any profit from a consignment, no matter how small it may be.

 

However, that reminds me. I have a close friend who has a booth at a flea market. Thanks!

 

Chris

[jgrinz]

 

However, that reminds me. I have a close friend who has a booth at a flea market. Thanks!

 

Chris

 

That was my thinking ... Flea Markets $15-18 sounds good in that type of venue

with no EBAY charges or PAYPAL

[e1cnr]

If you put in 3 proofs and go flea market route, I would probably try for $20

[coinman_23885]

If you put in 3 proofs and go flea market route, I would probably try for $20

 

$20 is probably a fair retail assessment if you include the three proofs. Without the proofs, I could see $15-17.

[WoodenJefferson]

The 3 proofs included means some extra eye appeal and a good selling point, even to the naive, because they can see for themselves those three coins are different than the other.

 

If I came across these I would pay from $12-$15

 

Joe Blow would go from $15-$18 no problemo.

 

 

[ldhair]

The proofs are a great idea. You might try selling a group of five sets on Ebay with a starting price of $99. It's worth a try.